DSIJ Mindshare

The operating profit of the company is 39 per cent in the June quarter FY24.

Shares of the company have generated 48 per cent within a month.

According to the quarterly results, the net sales increased by 24.20 per cent to Rs 1,119 crore and net profit increased by 16.22 per cent to Rs 43 crore in Q1FY24 compared to Q1FY23. The stock gave multibagger returns of 285 per cent in just 6 months whereas BSE Industrials Index is up by 40.58 per cent.

Shares of the company have generated a multibagger return of 405 per cent in just three years.

Earlier, the company announced its stellar quarterly results wherein net sales increased by 44.58 per cent to Rs 187.68 crore and net profit increased by 60.26 per cent to Rs 2.90 crore in Q1FY24 compared to Q1FY23.